MENLO PARK, Calif.—Well ahead of its launch, regulators from around the world are expressing concern and even some confusion regarding Facebook’s proposed new cryptocurrency, the Libra coin.
Fresh Today
WASHINGTON–The Senate has passed a huge $750-billion defense bill that includes language opposed by credit unions that would extend to banks certain waivers for rent and other facilities costs for financial institutions on military installations currently granted to credit unions.
SCARBOROUGH, Maine–Responding to an influx of asylum seekers and “new Mainers” in this state, one credit union here held training sessions and workshops on the financial services needs of the immigrant community.
MADISON, Wis.—The Worldwide Foundation for Credit Unions is now offering a monthly giving option to Champion supporters who want to “change the world through credit unions and the cooperative model.”
SEATTLE—Amazon has launched a rewards credit card aimed at people with poor credit.
NEW YORK—What are the most popular features of credit cards that are attracting younger consumers?
MCLEAN, Va.—Capital One is enhancing one of its popular business credit cards with a cardholder benefit that pays for federal trusted-traveler programs aimed at helping flyers get through airport security lines quicker.
NEW YORK—About one-in-six credit cardholders in America's biggest cities carry a balance of $10,000 or more, according to a new report.
LINCOLN, Neb.–Two state banking groups here have filed suit against the Nebraska Department of Banking and MembersOwn Credit Union over the credit union’s plans to expand its field of membership.
NEW YORK–There appears to be more to the conservatorship of the $3-billion Municipal Credit Union than just a CEO who embezzled funds to pay for private limos and lottery tickets.